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Construction of 160 000sq m of office space in Sofia stalled
Several construction projects in Sofia, pertaining to the building of office complexes with total office space of about 160 000 sq m, have been frozen indefinitely, Anton Slavchev, manager of the offices and business parks department at Colliers real estate consulting company, told Dnevnik daily on October 20 2009.
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Date: 2009-10-19 21:00:00 | Source: Propertywisebulgaria.com
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Planex commences construction of business park Sofia 1
Planex will begin construction of business park Sofia 1 on September 30 2009 on the site of the former Electronika factory in Slatina. The complex will span 36 000 sq m, Dnevnik daily reported on September 29, citing a Planex press release.
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Date: 2009-09-28 21:00:00 | Source: Propertywisebulgaria.com
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Sozopolis real estate ranges from 800 000 to 1.4M euro
Property in the elite Sozopolis complex, comprising about 20 single family homes and 166 other units, sells for about 3000 euro a sq m, Dnevnik daily reported on September 28 2009, citing several brokers reports.
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Date: 2009-09-27 21:00:00 | Source: Propertywisebulgaria.com
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Decline of retail space value in Sofias top areas continues
The Foros company, owned by Dobromir Ganev, CEO of GVA Sollers Solutions, signed a contract with international consultancy firm GVA Worldwide on September 24 2009 aimed at helping both firms provide consultancy intelligence and investment services in the real estate sector, the Bulgarian news agency BTA has reported.
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Date: 2009-09-23 21:00:00 | Source: Propertywisebulgaria.com
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Bulgarias construction sector shrinks by 14.5 per cent
The Bulgarian construction industry contracted by 14.5 per cent in July 2009 as opposed to corresponding figures from July 2008. This represents its sharpest decline in several years, data from Eurostat has shown, quoted by Stroitelstvo Gradut on September 21.
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Date: 2009-09-23 21:00:00 | Source: Propertywisebulgaria.com
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Interest in Bulgarian property falls
British investors are turning their backs on countries like Bulgaria and choosing more traditional countries to purchase property, according to the latest figures.
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Date: 2009-09-21 21:00:00 | Source: Propertywisebulgaria.com
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Baumax opens for business in the 20 million euro Vazov retail park
Retail park Vazov on Sofias Vladimir Vazov Boulevard will become one of the largest retail complexes for specialised goods in the country, with over 27 000 sq m in retail area, a total investment of which has been estimated at over 20 million euro, Stroitelstvo Gradut reported on September 9 2009.
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Date: 2009-09-13 21:00:00 | Source: Propertywisebulgaria.com
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Bulgaria tops European charts for new shopping mall construction
There is an explosion in the construction of new shopping malls in Bulgaria, a tendency which is apparently unaffected by the economic stagnation caused by the global crisis, declining customers and lack of financing in the market.
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Date: 2009-09-13 21:00:00 | Source: Propertywisebulgaria.com
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Sales slump by half across country
Latest statistics on the Bulgarian real estate market, quoted on the website of PropertyWire, show that the number of properties sold in Bulgaria fell sharply in the first half of the year and that the volume of new real estate being built is also declining.
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Date: 2009-08-13 21:00:00 | Source: Propertywisebulgaria.com
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Deluge in Dobrich causes 3M leva in damages
Torrential rains over the area of Dobrich on August 7 caused damages worth in excess of 2 916 000 leva, according to a municipal report due to be submitted to Cabinet on August 12, Dnevnik daily has reported.
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Date: 2009-08-10 21:00:00 | Source: Propertywisebulgaria.com
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Austrian KIOTO Photovoltaics will erect a 25M euro solar energy park in Tervel
The Austrian company KIOTO Photovoltaics will build a solar park in Tervel with a five megawatt capacity, the construction of which will commence by the end of 2009, and my mid2010, the park is poised to be connected to the municipal electric grid of Tervel, Investor.bg has reported.
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Date: 2009-08-06 21:00:00 | Source: Propertywisebulgaria.com
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